Bitcoin Market Watch: Digital Coin Floats Around $1,000

Bitcoin is trading around $1,000 following a temporary downswing after news that two major Chinese exchanges would be temporarily suspending payouts for a month due to compliance.

Bettors who have been using bitcoin as a means to deposit or withdraw have been unaffected by the short-term dip in BTC price. The online sportsbooks rating guide shows sports betting sites that convert bitcoin deposits to their native currency. Players who make their transactions this way are protected from downswings in bitcoin value, whereas players using bitcoin exclusive betting sites would be exposed to the fluctuations.

Sportsbook Review released a bitcoin tutorial educating sports bettors on the ins and outs of using the popular digital currency with online sportsbooks.